- MedImmune Substantially Reduces the Vaccine's Price -
GAITHERSBURG, Md. and MELVILLE, N.Y., Jun 15, 2004 /PRNewswire-FirstCall via Comtex/ -- MedImmune, Inc. (Nasdaq: MEDI) and Henry Schein (Nasdaq: HSIC) announced today
that Henry Schein has been selected as the exclusive U.S. distributor of
MedImmune's FluMist(TM) (Influenza Virus Vaccine Live, Intranasal) for the
upcoming flu season. MedImmune, which has exclusive rights to manufacture and
market FluMist, will oversee all sales and marketing activities with special
emphasis on pediatricians and pharmacies. In addition to selling FluMist,
Henry Schein will respond to customer product inquiries, process returns, and
promote the product through marketing initiatives to primary care physicians.
MedImmune also announced today that it has substantially reduced the price
of FluMist to approximately one-half of what the vaccine was available for
last season. Henry Schein will sell FluMist to physicians and pharmacies for
$23.50 per returnable dose.
Henry Schein is one of the leading distributors of vaccines in the United
States and the largest provider of healthcare products and services to office-
based practitioners in the combined North American and European markets.
FluMist will be available through Henry Schein, as well as its Caligor Medical
and General Injectables & Vaccines (GIV) businesses. Effective immediately,
Henry Schein and its subsidiaries are ready to take orders for FluMist for the
upcoming flu season. Henry Schein typically begins shipping flu vaccines in
"As an important new option in the ongoing fight against the most frequent
cause of death in the United States from a vaccine-preventable disease, it is
important that healthcare providers include FluMist in their arsenal of flu-
prevention options for their patients," said Armando Anido, R.Ph., senior vice
president, commercial operations, MedImmune, Inc. "Along with MedImmune's
industry-leading pediatric sales and marketing team, Henry Schein is uniquely
suited to reach the large and diverse community of healthcare providers who
administer flu vaccinations in the United States."
"The ability to offer FluMist is consistent with our commitment to meeting
the needs of our healthcare provider customers," said Michael Racioppi, R.Ph.,
president, medical group, Henry Schein. "Our hope is that with the
availability of FluMist -- the first innovation in flu prevention in over 50
years -- even more people will receive a flu vaccination."
FluMist is manufactured and marketed by MedImmune Vaccines, Inc., a wholly
owned subsidiary of MedImmune, Inc. For more information on the 2004-2005
supply of FluMist, and to place an order, healthcare providers are encouraged
to call (877) FLUMIST to speak with a Henry Schein representative. Orders can
also be placed through the Henry Schein website at http://www.henryschein.com.
FluMist is the first live, attenuated influenza vaccine indicated for
active immunization for the prevention of disease caused by influenza A and B
viruses in healthy children and adolescents, 5 to 17 years of age, and healthy
adults, 18 to 49 years of age.
There are risks associated with all vaccines, including FluMist. FluMist
does not protect 100 percent of individuals vaccinated. FluMist is not
indicated for immunization of individuals less than 5 years of age, or 50
years of age and older. FluMist is contraindicated in persons with
hypersensitivity to any component of the vaccine, including eggs; in children
and adolescents receiving aspirin therapy or aspirin-containing therapy; in
individuals with a history of Guillain-Barre syndrome; and in individuals with
known or suspected immune deficiency. The safety and efficacy of FluMist have
not been established in pregnant women or for patients with chronic underlying
medical conditions, including asthma or reactive airways disease; the vaccine
should not be administered to these patients. In placebo-controlled clinical
trials, the most common solicited adverse events in healthy children (n=214)
included runny nose/nasal congestion, cough, irritability, headache, decreased
activity, sore throat, fever (oral temperature >100 degrees F), muscle aches,
chills, and vomiting. The most common adverse events in healthy adults
(n=2,548) included runny nose, headache, sore throat, tiredness/weakness,
muscle aches, cough, and chills. See Prescribing Information for indications
and usage, dosage and administration, and safety information.
About Henry Schein, Inc.
Henry Schein, a Fortune 500(R) company, is recognized for its excellent
customer service and highly competitive prices. The Company's four business
groups -- Dental, Medical, International and Technology -- serve more than
425,000 customers worldwide, including dental practices and laboratories,
physician practices and veterinary clinics, as well as government and other
institutions. The Company's sales reached a record $3.4 billion in 2003.
The Company operates through a centralized and automated distribution
network, which provides customers in more than 125 countries with a
comprehensive selection of over 90,000 national and Henry Schein private-brand
Henry Schein also offers a wide range of innovative value-added practice
solutions, including such leading practice management software systems as
DENTRIX(R) and Easy Dental(R) for dental practices, and AVImark(R) for
veterinary clinics, which are installed in over 50,000 practices; and
ArubA(R), Henry Schein's electronic catalog and ordering system.
Headquartered in Melville, N.Y., Henry Schein employs nearly 8,000 people
in 16 countries. For more information, visit the Henry Schein website at
About MedImmune, Inc.
MedImmune is a leading biotechnology company focused on researching,
developing and commercializing products to prevent or treat infectious
disease, autoimmune disease and cancer. MedImmune actively markets four
products, Synagis(R) (palivizumab), Ethyol(R) (amifostine), FluMist(TM)
(Influenza Virus Vaccine Live, Intranasal), and CytoGam(R) (cytomegalovirus
immune globulin intravenous (human)), and has additional products in clinical
testing. MedImmune employs approximately 1,800 people, is headquartered in
Gaithersburg, Maryland, and has additional operations in Frederick, Maryland,
as well as Pennsylvania, California, Kentucky, the United Kingdom and the
Netherlands. For more information on MedImmune and its products, visit the
company's website at http://www.medimmune.com.
This announcement may contain, in addition to historical information,
certain forward-looking statements that involve risks and uncertainties. Such
statements reflect management's current views and are based on certain
assumptions. Actual results could differ materially from those currently
anticipated as a result of a number of factors, including risks and
uncertainties discussed in MedImmune's filings with the U.S. Securities and
Exchange Commission. The company is developing several products for potential
future marketing. There can be no assurance that such development efforts
will succeed, that such products will receive required regulatory clearance or
that, even if such regulatory clearance were received, such products would
ultimately achieve commercial success.
SOURCE MedImmune, Inc.; Henry Schein, Inc.
MEDIMMUNE: Media - Jamie Lacey, +1-301-398-4035, or Investors -
Peter Vozzo, +1-301-398-4358, or John Filler, +1-301-398-4086; or for HENRY
SCHEIN: Media - Susan Vassallo, +1-631-843-5562, or Investors - Steven